Wednesday, October 2, 2019

Rakesh Makhija Joins Board of Directors of Castrol India Limited

Castrol India Limited, India's leading automotive and industrial lubricant manufacturing and marketing company, announced the appointment of Mr. Rakesh Makhija as an independent non-executive director to its Board of Directors with effect from 1 October 2019.

Mr. Makhija brings over four decades of significant top management experience with diversified industrial and technology companies. He has held senior sales and general management roles including international ones, having worked across geographies like China and Sweden, besides India.

While he has served as the non-executive Chairperson of SKF India between July 2015 to May 2019, Mr. Makhija has recently been appointed as non-executive Chairperson at Axis Bank, the third largest private sector bank in India in July 2019 for a three-year term.

Mr. Makhija has also held several senior management positions within Tata Honeywell and Honeywell International, the global industrial and aerospace company and Kinetics Technology International BV (now Technip), a process engineering and contracting company in the Netherlands.

He is a chemical engineer from the Indian Institute of Technology, New Delhi and has been recognized with numerous industry awards including the prestigious 'CNBC India Business Leader Award' in 2007 for Talent Management.

Mr. R Gopalakrishnan, non-executive Chairperson, Board of Directors, Castrol India Ltd said: "We are very pleased to welcome industry veteran Rakesh Makhija to the Castrol India Board. With his deep domain knowledge, and experience of leading successful businesses in varied sectors, we look forward to his incisive strategic insights which will add enormous value to the Castrol India business as it aspires to reach new levels of success." 

Speaking on his appointment, Mr. Rakesh Makhija said, "I am excited to join the Board of Castrol India. Castrol is a strong brand and an industry leader in India. I look forward to working with the Board and management as it explores new innovative technology solutions to continuously delight its customers and consumers." 

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